Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Gerdau has a total shareholder equity of R$49.2B and total debt of R$10.9B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are R$74.9B and R$25.6B respectively. Gerdau's EBIT is R$9.0B making its interest coverage ratio -143.3. It has cash and short-term investments of R$5.3B.
Key information
22.2%
Debt to equity ratio
R$10.92b
Debt
Interest coverage ratio | -143.3x |
Cash | R$5.34b |
Equity | R$49.24b |
Total liabilities | R$25.65b |
Total assets | R$74.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGBR3's short term assets (R$29.2B) exceed its short term liabilities (R$11.3B).
Long Term Liabilities: GGBR3's short term assets (R$29.2B) exceed its long term liabilities (R$14.4B).
Debt to Equity History and Analysis
Debt Level: GGBR3's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: GGBR3's debt to equity ratio has reduced from 57.5% to 22.2% over the past 5 years.
Debt Coverage: GGBR3's debt is well covered by operating cash flow (102%).
Interest Coverage: GGBR3 earns more interest than it pays, so coverage of interest payments is not a concern.